📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!

    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    If A earns Rs. 30,000, she spends 40% of it on rent and Rs.

    3,000 on food, saving the remaining amount. Later, her income rises by 20%, while her rent increases by Rs. 500 and her food expenses rise by 10%. How much does A save after these changes?
    A 18,700 Correct Answer Incorrect Answer
    B 20,200 Correct Answer Incorrect Answer
    C 25,200 Correct Answer Incorrect Answer
    D 14,000 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ;

    Amount initially spent by A on rent = 30,000 X 0.40 = Rs. 12,000

    Increased amount spent on Rent = 12,000 + 500 = Rs. 12,500

    Amount initially spent by A on food = Rs. 3,000

    Increased amount spent on food = 3,000 X 1.10 = Rs. 3,300

    Increased income of A = 30,000 X 1.20 = Rs. 36,000

    So, new savings of A = 36,000 - (12,500 + 3,300) = Rs. 20,200

    Practice Next
    More Income and Expenditure Questions

    Relevant for Exams:

    ask-question